Wadi Degla Developments has announced the launch of its EGP2bn project, Mada Resort, in Ain El Sokhna. According to CEO, Maged Helmy, the development will sprawl over 600,000 sqm, featuring 6 to 9-storey buildings, with unit sizes ranging between 130 sqm and 250 sqm, as well as villas. Helmy has also noted that construction for its recently launched EGP1.1bn project, Promenade New Cairo, which falls over a 40-acres land plot, is currently 10-15% completed.
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